Crypto news

Bunq, a fintech startup mobile bank that provides accounts and other financial services, will be spreading its services to another 22 regions, pushing the number of countries it operates in, all the way to 30. The company, based in Amsterdam, will also be supporting both Apple Pay and Google Pay for all of its customers with Travel Cards in certain countries including Spain, Italy, Belgium, France, Ireland, and the Netherlands.The Bunq company, which already operates in the above countries,...

What is the most used crypto in the world today? Many may think that it is Bitcoin since it accounts for over 67% of the digital-asset world’s market value. They could be wrong. Although dependable figures on trading volumes are rare to come by in the unpredictable crypto finance world, CoinMarketCap.com data shows some interesting reports.The token that has the highest daily and monthly trading volume is Tether that has a market capitalization that is over 30 times smaller than Bitcoin....

The We Company, WeWork’s parent company, has officially moved to withdraw its S-1 filing, with the intention of postponing its earlier announced and widely talked about initial public offering (IPO). The company’s intention to go public was initially announced on the 14th of August but has gotten a lot of backlash since then, especially because of the company’s governance structure.WeWork has been consistently criticized for not just its governance structure, but also the company’s staggering...

Terra is an algorithmic stablecoin that aims to become the first mass adopted cryptocurrency globally. Terra is collateralized by a second native token called Luna (LUNA). Luna is already listed on a lot of Korean exchanges as well as global exchanges like Bitrue, KuCoin, and Bittrex.Terra has already garnered over 25 partners who push over $50 billion in annual transaction volume. The startup has signed multiple partnership agreements to integrate Terra’s payment system to their platforms,...

Revolut, a British financial technology company that offers banking services, has signed a new deal with payments giant Visa. As a result, Revolut will expand its services to 24 new markets, or a total of 56 around the world, and hire 3500 employees.Under the terms of the agreement, Revolut will primarily issue Visa-branded cards in the global expansion. As Reuters reports, Visa will initially enable Revolut to launch in Australia, Brazil, Canada, Japan, New Zealand, Russia, Singapore and the...

Venezuela’s President Nicolas Maduro has openly declared his regime’s love for cryptocurrencies like Bitcoin and Ethereum. The controversial politician on Tuesday said his government is using cryptocurrencies to access national and international payment infrastructure. He confirmed that Venezuela’s finance minister and central bank are close to introducing “new instruments.” It would give every Venezuelan access to “national and international payments through the central bank’s accounts.”...

Venezuela’s economy has been struggling for years. The country has been trying to break out of that situation utilizing blockchain with several attempts so far. In a recent interview, President Nicolas Maduro said that the government will be using cryptocurrencies as a method for free national and international payments.Venezuela’s Crypto SolutionPresident Maduro appears to be looking for new ways to provide payment methods for the Venezuelan population. The central bank and the finance...

Ethereum testnet Ropsten split following the release of the Istanbul upgrade. This occurred because the upgrade was expected on approximately October 2nd, 2019 and at a block height of 6, 485, 846. The upgrade was released about 48 hours earlier on September 30th at around 3:40 a.m UTC.This, of course, has expectedly caused quite a bit of difference in terms of block confirmation times. Ethereum foundation community manager indicated in a tweet that there is no cause for alarm in this...

Back in 2016, e-commerce giant Amazon announced its plans to establish a large chain of convenience stores in the United States. Called Amazon Go, the stores are mostly automated and run on computer vision, deep learning algorithms and sensor fusion without cashiers, allowing customers to grab items they need to from the store, and simply walk out.Since inception, Amazon has opened 16 Amazon Go stores with several of them in Washington, Illinois, California and New York and the company still...

BitTorrent File System (BTFS) achieves an important milestone with its official mainnet launch. This is a major step ahead in proceeding ahead with the complete integration with the BitTorrent ecosystem.BitTorrent is a popular and the world’s largest peer-to-peer file-sharing platform. Last year, the TRON Foundation acquired the BitTorrent platform. The BTFS is a protocol and the network’s mechanism that enables peer-to-peer storage and sharing of digital content in a decentralized file...